Museum of the American Revolution Exceeds $150 Million Capital Campaign Goal with Gift from Comcast NBCUniversal and The Roberts Foundation

Comcast NBCUniversal and The Roberts Foundation Give $2.5 Million in Honor of the Museum’s Architect Robert A.M. Stern

PHILADELPHIA, APRIL 5, 2017 — Just two weeks before it officially opens to the public on April 19, the Museum of the American Revolution announced today that it has exceeded its $150 million capital campaign goal to build, open, and endow the Museum. With a $2.5 million gift from Comcast NBCUniversal and The Roberts Foundation, made in honor of the Museum’s internationally renowned architect Robert A.M. Stern, the campaign has now generated a total of $152 million. The Museum’s entrance rotunda will be renamed the Robert A. M. Stern Rotunda.

The Museum’s fundraising efforts will continue, with many galleries still available to be named. The campaign will formally close on Dec. 31, 2017.

“Robert Stern is one of the most talented, innovative, and visionary architects of our time,” said Brian L. Roberts, Chairman and CEO of Comcast Corporation. “World-class architecture can help transform a city and it was an honor to have him design our headquarters building. We could not be more pleased to recognize his impact on Philadelphia over so many years, and we are thrilled that his work will yet again be on display through this remarkable museum.”

This $2.5 million gift celebrates the incredible contributions Stern has made to Philadelphia’s expanding cityscape. Stern’s first building in the city was the University of Pennsylvania's McNeil Center for Early American Studies. Since then, his projects have touched all aspects of the community, including the master plan for Philadelphia’s Navy Yard, Drexel University’s LeBow College of Business, and the Comcast Center.

“There couldn’t be a more fitting way to cross the finish line of our campaign than with a gift in honor of Robert Stern, the architect who created a new, modern landmark for our home in the heart of Philadelphia’s Old City,” said Michael Quinn, President and CEO of the Museum of the American Revolution. “We are deeply grateful for the extraordinary generosity of our supporters and for the tireless efforts and great leadership of our Chairman Emeritus Gerry Lenfest, our Campaign Chairman Governor Edward G. Rendell, and our board and other supporters, who made this historic moment possible.”

“We’re thrilled that a gift from one of Philadelphia’s leading corporations and the Roberts family has enabled us to surpass our campaign goal and open debt-free, with an operating reserve and endowment to provide a solid financial foundation,” said Museum Board Member Governor Edward G. Rendell, who chaired the Museum’s capital campaign. “Their generosity – and that of so many others – will ensure that the story of our nation’s founding and its enduring legacy are preserved and shared.”

The Museum’s capital campaign, which began in 2010, comprised $120 million to establish and open the museum; $5 million for operating reserve; and a $25 million endowment. Major gifts include matching grants from Founding Museum Board Chairman and Chairman Emeritus H.F. (Gerry) Lenfest and a significant gift from the Commonwealth of Pennsylvania’s Redevelopment Assistance Capital Program. The rest was privately funded by the generosity of more than 11,000 supporters from every state in the nation.

“The outpouring of support from corporations and individuals across the country, like Comcast and the Roberts Family, reinforces the overwhelming importance of a great national museum to tell the story of our founding,” said General John Jumper, Chairman of the Museum’s Board of Directors. “Philadelphia was the headquarters of the American Revolution, but it is a story that belongs to all of us. It is inspiring to see so many people invest in sharing that story with every rising generation.”

About the Museum of the American RevolutionThe Museum of the American Revolution, opening in the heart of historic Philadelphia on April 19, 2017, explores the dynamic story of the American Revolution using its rich collection of Revolutionary-era weapons, personal items, letters, diaries, and works of art. Immersive galleries, theater experiences, and recreated historical environments bring to life the events, people, and ideals of our nation’s founding and engage people in the history and continuing relevance of the American Revolution. Located just steps away from Independence Hall, Carpenters’ Hall, and Franklin Court, the Museum serves as a portal to the region’s many Revolutionary sites, sparking interest, providing context, and encouraging exploration. The Museum is a private, non-profit, and non-partisan organization. For more information, visit www.AmRevMuseum.org or call 877.740.1776.

About Comcast CorporationComcast Corporation (Nasdaq: CMCSA) is a global media and technology company with two primary businesses, Comcast Cable and NBCUniversal. Comcast Cable is one of the nation's largest video, high-speed Internet and phone providers to residential customers under the XFINITY brand and also provides these services to businesses. NBCUniversal operates news, entertainment and sports cable networks, the NBC and Telemundo broadcast networks, television production operations, television station groups, Universal Pictures and Universal Parks and Resorts. Visit www.comcastcorporation.com for more information.

About Robert A.M. SternRobert A.M. Stern is a practicing architect, teacher, and writer. He is a Fellow of the American Institute of Architects, and in 2017 received the Topaz Medallion, awarded jointly by the AIA and the Association of Collegiate Schools of Architecture in recognition of outstanding service to architectural education. Mr. Stern was the 2011 Driehaus Prize laureate and in 2008 received the tenth Vincent Scully Prize from the National Building Museum. In 2007, he received both the Athena Award from the Congress for the New Urbanism and the Board of Directors' Honor from the Institute of Classical Architecture & Art. He has been a Fellow of the American Academy of Arts & Sciences since 2007 and a member of the American Academy of Arts & Letters since 2011. Mr. Stern served as Dean of the Yale School of Architecture from 1998 to 2016.

About Robert A.M. Stern ArchitectsRobert A.M. Stern Architects, a 300-person architecture firm based in New York, includes in its extraordinarily broad portfolio a number of buildings dedicated to important themes and figures in American history, including the Norman Rockwell Museum in Stockbridge, Massachusetts; the Museum Center at the Mark Twain House in Hartford, Connecticut; and the George W. Bush Presidential Center in Dallas, Texas. The firm's work in Philadelphia also includes the 57-story Comcast Center and the North American operations headquarters for GlaxoSmithKline at the Philadelphia Navy Yard, both developed by Liberty Property Trust; a residential tower at Ten Rittenhouse Square; two buildings at Drexel University—the LeBow College of Business and Chestnut Square, developed by American Campus Communities, and Gerri C. LeBow Hall for the LeBow College of Business—as well as the master plan for the redevelopment of Philadelphia's Navy Yard. The design of the Museum of the American Revolution was led by RAMSA Partners Robert A.M. Stern, Alexander P. Lamis, and Kevin M. Smith. For more information, please visit www.ramsa.com.